Fbasignals
FB Signal Re-DoAlright boys, back in facebook on the morning dip, seems the negative news was canceled out by china saying we should stop trying toname whose fault this is ( white flag in air ) and now market is going up, and we even gapped up on futures with a head and shoulder (bullish one)
On one min chart there was a reversal candle aswell find a good entry...
Target is still 211 unless i see a good pattern signalling for 212
June 19 Calls 210
FB 2-3 day swingAlright boys im back today im going to be going over FB, maybe some other stocks, ive been in FB for a while now and am up quite a bit and im here to share the wealth! Im swinging june 19, 210 calls, my goal is first 212, then if i like the charts then new goal will be 215, then 217, then 220.
Yall can get in after it dips a bit with this revers candle head (from 5 min chart but cant post below 15 min chart)
FACEBOOK - Communication is not subject to crises!Good day to all! An interesting picture is obtained when analyzing the shares of the well-known company FACEBOOK INC.
The price of the stock has been moving in the flat channel since 2016. As you can see on the chart, nothing terrible during the stock market crash in 2020 did not happen with the stock price. All within the channel. Price pushed off from the upper border and moves to its lower border. The correctional movement ABC is formed. Levels are shown on the chart.
Also seen is the formation of a double top. But it will be possible to consider this option in case of breakdown of the lower boundary of the channel or the level of 116.64. In this case, the price will continue the downward movement to the level of 28.43.
Most likely, this option will be possible with global changes in this company such as: the exit of investors, the main owner or something else that could lead to such a drop in the share price of a high-tech company, a service that is even more relevant during the global epidemic and quarantine.
According to the indicators on the daily timeframe, the price has adjusted, but remains in the oversold zone, the continuation of the downward movement is possible.
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Disclaimer!
I do not give entry and exit points.
I share with you my opinion and ideas, which may differ from yours.
Is Facebook set a new record soon ? Hello, Traders!
Monfex is at your service and today we overview Facebook.
Many shares of large, technology companies are reaching new records either near their previous peaks.
Facebook hit the whole world this year with its intentions to conquer the financial sector with the Libra . And met with disapproval and criticism from the regulatory side. Now under the pressure.
What can this chart tell us about the next price movements ?
In order to reach the previous peaks, FB must at least break through the local zone of resistance. Perhaps we will see a short-term rollback of the price to the line and the local support zone, after which the inverted H&S pattern will be visible.
But, if the price will break through the local support zone, then we can expect a further decline towards the next miror zone.
The local resistance zone ~ $193-191
The local support zone ~ $180
The resistance zone ~ $200-205
The support zone ~ $160
Market Cap
540.092B
Share your thoughts, ideas about the market under the chart.
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Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Expecting a Bullish Impulse (STA)All these predictions are made by Quantitative Analysis Algorithms following short term trends. These Quantitative Analysis Algorithms will calculate maximum correction relative to previous impulses.
Relative to previous bullish impulse we are now in a bearish correction. So algorithm expecting a short term bullish impulse.